Monetary Economics II

Course unit title

Monetary Economics II

Course unit code

EKM201

Type of course unit (compulsory, optional)

Optional

Level of course unit (according to

EQF: first cycle Bachelor, second cycle Master)

First cycle Bachelor

Year of study when the course unit is delivered

(if applicable)

Year 3

Semester/trimester when the course unit is delivered

Semester 5

Number of ECTS credits allocated

3 credits (4.8 ECTS)

Name of lecturer(s)

Rudi Purwono, Dr.

Edy Juwono Slamet

Dr., MA., Wasiaturrahma, Dr., SE., MSi.

Wisnu Wibowo, SE., MSi

Learning outcomes of the course unit

Students are able to explain the mechanism of the relationship between monetary and macroeconomic variables and the influence of government policies in the financial sector on the economy

Mode of delivery (face-to-face, distance learning)

Face to face (offline) and or distance learning (online)

Prerequisites and co-requisites (if applicable)

Monetary Economics I

Course content

The Monetary Economics II course discusses:

-       the Concept and Process of the Money Supply,

-       Monetary Base,

-       Money Multiplier and Money Supply,

-       Excess Reserve and Discount Loans,

-       Monetary Balance,

-       Determinants and Changes in Monetary Base,

-       Deficit Spending and Monetary Base,

-       Monetary Policy and Foreign Payment Systems,

-       Demand for Money,

-       Relationships between Financial Systems and the Economy: IS-LM Model, Goods Market Model, Money Market Model,

-       Aggregate Supply and Demand: AD and US Curves, Balance of Money Supply and Demand,

-       Money Supply and Rate Production: Keynesian and Classical Models,

-       Economic Stabilization Policy,

-       Inflation and Rational Expectation,

-       Information Problems and Monetary Policy Chains

Recommended or required

reading and other learning resources/tools

R. Glenn Hubbard. 2005, Money, the Financial System, and The Economy, 6th ed, Pearson Addison Wesley

Planned learning activities and teaching methods

Teaching, discussions, and problem based learning.

Language of instruction

In Bahasa (Indonesian Language) and English

Assessment methods and criteria

Mid-exam, final-exam, and assignment